Michael Gonzales and Alana M. McMullin | Lathrop GPM As companies increasingly integrate artificial intelligence (AI) – particularly generative AI – into day-to-day business operations, insurance carriers are moving quickly to limit their exposure. Several carriers have already introduced new policy exclusions that may significantly narrow coverage for companies that develop, use or rely on… Continue reading The AI Coverage Gap: What New Insurance Exclusions Mean for Your Business
Category: Insurance
Additional Insured Status: What Every Contractor and Government Contractor Needs to Know
Karissa Kaseorg | Sands Anderson If your business operates in construction, government contracting, or any project-based industry, you have almost certainly been asked to name someone as an “additional insured” on your insurance policy or been required to obtain that status on someone else’s. Despite how routine this requirement has become, additional insured. What Does… Continue reading Additional Insured Status: What Every Contractor and Government Contractor Needs to Know
The Adjuster’s Year Ahead: What AI Will and Won’t Change About the Job
Rami Hashish | Claims Journal Somewhere in the country this week, a plaintiff’s attorney is reading a claim file with a highlighter, looking for the sentence that will cost a carrier six figures. Call him Billboard Bob. You’ve seen him before: Big smile, bigger ads and a habit of turning small details into very expensive… Continue reading The Adjuster’s Year Ahead: What AI Will and Won’t Change About the Job
Contract Exclusion Does Not Apply to Claim of Tortious Interference with Third-Party Contract
Kelsey Hunt | Wiley Rein The United States District Court for the Northern District of Illinois, applying Illinois law, held that a contract exclusion did not bar coverage for a claim for tortious interference with contract because the insured’s liability did not arise “under the terms of” a contract. The Cincinnati Ins. Co. v. Metropolis Condo.… Continue reading Contract Exclusion Does Not Apply to Claim of Tortious Interference with Third-Party Contract
Who Owns the Leak? Condominium Repair Responsibility When the Envelope Fails
Heather A. DeGrave and Sara S. Jawad | Hahn Loeser & Parks When a building envelope fails, whether from natural disaster, construction defect, or wear and tear, the first dispute in a condominium setting may not be, “What failed?” It may be, “Who owns the problem?” Is the association responsible because it is part of… Continue reading Who Owns the Leak? Condominium Repair Responsibility When the Envelope Fails